Tuesday, May 04, 2010

CQ Today Midday Update

Highlights from today's news on CQ.com

Midday Update for Tuesday, May 04, 2010

In This Issue

  • NY Bomb Plot Revives Various Homeland Security Proposals
  • Oil Spill Amendments Could Be Offered This Week
  • Reid Presses Senate to Finish Financial Overhaul Next Week
  • Sen. Grassley Presses Geithner To Fence Off Bank Tax
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Today in Washington

The House considers commemorative resolutions related to math and science, as well as a bill that would rename the Department of the Navy to include the Marine Corps.

The Senate is expected to hold its first votes on amendments to a bill to overhaul financial regulations.

The President meets with advisers and receives daily briefings; delivers remarks to the Business Council; has lunch with Elie Wiesel; with Vice President Joseph R. Biden Jr., meets with Defense Secretary Robert M. Gates.

In Washington, Homeland Security Secretary Janet Napolitano and Mexican Interior Secretary Fernando Gomez-Mont deliver remarks and participate in a discussion about U.S.-Mexico cooperation to strengthen border security, coordinate law enforcement activities and streamline commerce and travel. 4:30 p.m., Brookings Institution, Saul Zilkha Room, 1st Floor, 1775 Massachusetts Ave N.W.

Correction: A headline in the April 30 edition of the Midday Update incorrectly identified the gender of former West Virginia state Sen. Sarah Minear.

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Top Stories

NY Bomb Plot Revives Various Homeland Security Proposals

The New York car bomb plot has quickly revived some proposals on homeland security that have languished in the past -- along with calls for increased federal funds to help the Big Apple deal with terror threats. [Read More]

Oil Spill Amendments Could Be Offered This Week

The Senate could take up legislation to tighten oversight and regulation on offshore drilling as early as this week. [Read More]

Reid Presses Senate to Finish Financial Overhaul Next Week

Senate Majority Leader Harry Reid, D-Nev., urged his colleagues Tuesday to complete work on an overhaul of the financial regulatory system by the end of next week. [Read More]

Sen. Grassley Presses Geithner To Fence Off Bank Tax

The Finance Committee's top Republican challenged Treasury Secretary Timothy F. Geithner on Tuesday to recommend a presidential veto of a proposed tax on big banks if Democrats use it for anything except recovering funds from the bank bailout. [Read More]
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CQ Politics: The Eye

Poll Suggests Rep. Sestak's Ads Working: Sen. Arlen Specter (D-Pa.) leads Rep. Joe Sestak (D-Pa.) by a mere 8 points in the latest Quinnipiac University poll. With less than two weeks to go until the May 18 primary, the poll found Specter favored by 47 percent versus 39 percent for Sestak. But the movement is in Sestaks favor; for most of the race, Specter hadled by more than 20 points.

Kentucky's Conflicting Polls: Is Rand Paul way ahead or just running even in the race for the Republican Senate nomination in Kentucky? The latest survey from Public Policy Polling shows the first-time candidate far outpacing the establishment favorite, Secretary of State Trey Grayson. That conflicts with the internal polling that the Grayson campaign released earlier today.

Gibbons Airs First TV Ad in Race to Take On Rep. Boswell: Iowa financial adviser Jim Gibbons cites his past career as a champion wrestler and coach in his first television advertisement ahead of a June 8 primary in the Des Moines-based 3rd district. Gibbons is the best-funded Republican in a six-way race to take on Rep. Leonard L. Boswell.

The CQ Politics staff reports the latest news in House, Senate and governors' races in The Eye.

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